Management Commitment

Sustainability has been at the heart of Pfleiderer’s business since it was founded over 125 years ago.

We are a pioneer and a leader in our industry with respect to the use of recycled wood. We have delivered significant reductions of our CO2 footprint over recent years. Today, around 95% of the energy used in our production processes is generated from renewable resources.

Nevertheless, we recognise that companies like Pfleiderer must play a more active role in constructing a truly sustainable society to fight the increasing shortage of raw materials, the overexploitation of nature and the dire consequences of climate change. We have to act responsibly, and cultivate a safe, healthy work environment where people from diverse backgrounds can thrive.

With our new sustainability strategy, we are therefore setting out commitments to guide our actions and decisions for the years to come.

We developed our new strategy by analysing our strengths as a sustainable business, as well as the impact we have on our planet and our stakeholders. From there, we identified three clear focus areas: materials, climate and people. These three focus areas are closely aligned with our business strategy and build on the commitments we made in our Sustainability-Linked Financing Framework earlier this year.

As a testimony to our commitment, sustainability targets have been added to the metrics used to derive performance-based management remuneration since the beginning of this year.

We are looking forward to opening the next chapter of our sustainability journey.

Neumarkt in der Oberpfalz, November 2021